Forex News

EUR/USD keeps its range below 1.0450 after softer Eurozone PPI and Sentix data. The US dollar struggles to find its feet amid a better risk tone and light trading conditions. Recession fears and Fed-ECB policy contrast continue to remain in play. 

GBP/USD is defending minor bids above 1.2100, as investors weigh another attempt to oust UK PM Johnson amid looming Brexit woes. The US dollar eases in a mildly positive risk environment. Thinner liquidity conditions will prevail amid the US holiday. 

Gold Price returns to the red zone despite weaker US Treasury yields. Markets remain cautious ahead of the Fed Minutes and an impending death cross. XAUUSD could resume sell-off below $1,800 amid light trading conditions.

Bitcoin price has been ranging since June 18, but rumors of insolvency have been spreading on multiple popular platforms in the industry. KuCoin is at the center of bankruptcy rumors. 

Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today!